Pennies

The government can confirm that it has no plans to alter the current make up
of UK coins and notes in circulation.

Inflation has long since robbed them of a useful role, but in a country so
obsessed with its imaginary glorious past (see also: Brexit), it’s easy to
understand why getting rid of them is a battle no one in government wants to
fight.

Before the penny, the lowest-value coin was the halfpenny, with a face value
of one two-hundredth of a pound. But that was worth more then: more than a
penny is worth today, in fact! Here’s what each of the previous smallest coins
was worth in 2019 pounds at the time it was withdrawn from circulation: